Payment Of Qualified Joint And Survivor Annuity. Unless an optional form of benefit is selected pursuant to a Qualified Election within the 90-day period ending on the Annuity Starting Date, a married Participant's Vested Account Balance will be paid in the form of a Qualified Joint and Survivor Annuity and an unmarried Participant's Vested Account Balance will be paid in the form of a life annuity. The Participant may elect to have such annuity distributed upon attainment of the Early Retirement Age under the Plan.
Appears in 6 contracts
Samples: 401(k) Plan Document (East West Bancorp Inc), Adoption Agreement (Professionals Insurance Co Management Group), Non Standardized Adoption Agreement (Princeton Review Inc)
Payment Of Qualified Joint And Survivor Annuity. Unless an optional form of benefit is selected pursuant to a Qualified Election within the 90-day period ending on the Annuity Starting Date, a married Participant's Vested Account Balance will be paid in the form of a Qualified Joint and Survivor Annuity and an unmarried Participant's Vested Account Balance will be paid in the form of a life annuity. The Participant may elect to have such annuity distributed upon attainment of the attaining Early Retirement Age under the Plan.
Appears in 1 contract
Samples: Defined Contribution Plan and Trust (First Keystone Corp)
Payment Of Qualified Joint And Survivor Annuity. Unless an optional form of benefit is selected pursuant to a Qualified Election within the 90-90 day period ending on the Annuity Starting Date, a married Participant's Vested Account Balance will be paid in the form of a Qualified Joint and Survivor Annuity and an unmarried Participant's Vested Account Balance will be paid in the form of a life annuity. The Participant may elect to have such annuity distributed upon attainment of the attaining Early Retirement Age under the Plan.
Appears in 1 contract
